Banca Comercială Română has provided a EUR 29.5 million credit facility to UNIRII VIEW with legal guidance from Wolf Theiss. This loan will be used by the developer to refinance an existing loan for the Unirii View building, located in the heart of Bucharest.
The transaction was handled by the Wolf Theiss Banking & Finance team in Romania, led by Partner Claudia Chiper. The team included Senior Associates Alexandru Asaftei, Iuliana Stoicescu and Smaranda Văcaru, alongside Associates Cătălin Sabău and Ana Florea. On the real estate aspects, Partner Roxana Roman and Counsel Dana Toma from the Wolf Theiss Real Estate team provided advice to the lender.
"We greatly appreciate the ongoing trust that our long-term client BCR, one of the leading banks in Romania, has placed in us by awarding another significant real estate loan. This transaction highlights our dedication to facilitating financing deals and strengthening the framework for such loans in Romania" said Partner Claudia Chiper.